SMM Brief: Alumina Prices Plunge, Bauxite Prices Face Volatility Amid Margin Pressure

SMM February 13 News:

SMM Brief Comment: Alumina prices plunged significantly, impacted by the narrowing profit margins of alumina. This week, bauxite prices faced downward pressure and pulled back. However, the tug-of-war between buyers and sellers has not yet concluded, and there remains a significant disparity in spot market quotes for imported bauxite. Suppliers still show a sentiment to stand firm on quotes, making it difficult for ore prices to experience further sharp declines in the short term. In the near term, bauxite prices may enter a phase of fluctuation and adjustment.